Local Government Finance: Greater London

The government has been listening closely to the views expressed by the public, local authorities and other bodies on the proposals set out in the Fair Funding Review 2.0 consultation. No final decisions on the outcome of the review have yet been taken. However, the government’s proposals will target central government grant funding to where it is needed the most. Subject to consultation, the proposals set out mean that the most relatively deprived places, which on average have higher levels of child poverty, will have more income than the least deprived places. The vast majority of councils with social care responsibilities will see their Core Spending Power increase in real terms over the multi-year Settlement. We will publish further information in the government’s consultation response in Autumn, followed by the provisional Local Government Finance Settlement later this year.